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FxWirePro: Japanese yen falls against U.S. dollar after mixed economic data, hits lowest level since December 2017

  • USD/JPY is currently trading around 113.47 marks.
     
  • It made intraday high at 113.63 and low at 113.33 levels.
     
  • Intraday bias remains bullish till the time pair holds key support at 112.75 mark.
     
  • A daily close above 113.35 will take the parity higher towards key resistances around 113.75, 114.73, 115.90, 116.34 and 117.02 levels respectively.
     
  • On the other side, a sustained close below 113.35 will drag the parity down towards key supports around 112.75, 111.70, 110.38, 109.96, 109.36 and 108.34 levels respectively.
     
  • Japan Aug 2018 retail sales yy increase to 2.7 % (forecast 2.1 %) vs previous 1.5 %.
     
  • Japan Aug 2018 industrial output prelim mm sa increase to 0.7 % (forecast 1.5 %) vs previous -0.2 %.
     
  • Japan Sep 2018 core CPI Tokyo mm decrease to -0.1 % vs previous 0.5 %.
     
  • Japan Aug 2018 unemployment rate decrease to 2.4 % (forecast 2.5 %) vs previous 2.5 %.
     
  • Tokyo's Nikkei share average opens up 1.19 pct at 24,080.01.
  • Market Data
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